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Welcome To Beacon Federal
Welcome to Beacon Federal
Beacon Federal opened in 1953 as a member-owned credit union serving Carrier Corporation, the world's largest air conditioning manufacturer.
We have continued to grow through the years and in the Fall 2007 reorganized as a stock savings association.
Beacon's Home Banking gives you stay-at-home convenience and immediate access to all of your accounts. It also helps keep our costs low so we can pass the savings along to our members.
Its all part of the Beacon Federal promise: delivering the best in basic banking products simply, reliably, and affordably. Our passion is to offer members lower rates on loans and higher rates on savings than the competition. You work hard for the money you earn; our goal is Making Money Work, for You!
Our Mission Statement
Beacon Federal is committed to exceeding the expectations of members by providing genuine service and uncompromising products at competitive rates. We will continue to work diligently to be the first and best choice for all our members' financial needs.
Brief Beacon Federal Service Timeline
| Name Changes: |
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| Carrier Employees Federal Credit Union |
1953 |
| Beacon Federal Credit Union |
1985 |
| Beacon Federal |
1999 |
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| Mergers & Acquisitions: |
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| SNP Collierville Federal Credit Union |
July 1980 |
| Tyler Federal Credit Union |
June 1984 |
| M-1 Federal Credit Union |
Jan 1985 |
| Tyler Area Central Federal Credit Union |
June 1992 |
| Trucking Affiliates of CNY Federal Credit Union |
April 1994 |
| GR Patriot Federal Credit Union or GenRad Federal Credit Union |
Sept 1995 |
| Caney Fork Cooperative Credit Union |
Fall 2000 |
| Professional Teachers Credit Union |
Aug 2001 |
| Salt City Hospitals Federal Credit Union |
Feb 2003 |
| Marcy Federal Credit Union |
Jan 2007 |
| Beacon Federal Issues IPO, Stock Savings Association |
Oct 2007 |
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